Accounting Ledger and How to Write Ledger

The first step in the policy of recording transactions is to journalize and the second step is to post the transactions in the ledger. Ledger is known as the 'principal or chief' book of accounts. In ledger the financial facts is classified by its nature and relevance.

The statement which records the transactions at one place relating to a singular subject is known as account. The book which contains all the accounts is known as ledger and the policy of writing up the accounts is known as posting.

Higher One Account

The ledger is the most important book of account and is the destination of the entries made in the Journal or Sub-divided Journals. It is a range of all the three types of accounts --Personal, Real and Nominal. If you are faced with questions like:

Accounting Ledger and How to Write Ledger

- How much a singular buyer owes you?

- What is the estimate payable by you to anyone of your suppliers?

- What is the estimate of goods purchased by you while specific period ?

- How much sales you have affected during, say, last three months?

- What has been your expenditure on, say, labor while the period?

Then the quicker and easier way of ascertaining the relevant facts is to turn to your ledger, find out the balance of the Customer's A/c or Supplier's A/c or Purchases A/c or Sales A/c or Wages A/c.

How to write Ledger

In ledger we pronounce accounts. Each account is allotted one or more pages depending upon the requirement. Ledger is ordinarily ruled in anyone of the following two alternatives. First alternative is followed in those cases where balance is required to be ascertained after every transaction e.g. Banks.

Second alternative is followed in those cases where balance is required to be ascertained only periodically, say after a month or quarterly. In your study of book-keeping and accountancy T- shape accounts will be used (alternative-two).

The transactions are entered in the ledger accounts in order of dates. Every entry must be dated which must be shown in the column meant for date. This is the first column on the left of each side of the account.

Record the relevant estimate on the left-hand side of the account which, agreeing to the journal is to be debited and narrative the estimate on the right-hand side of the account which, as per journal, is to be credited (use 'amount columns' for this purpose). In ledger account each entry on the debit (left-hand) side commences with the word "To" and one the credit (right- hand) side with the word "By". In the 'particulars column' reference is made to the other account involved for providing cross reference. In the 'folio column' would be entered the page of the journal (or page of the relevant sub-divided journal) from which entry has been posted and in the folio column of journal, the page estimate of the ledger is written on which the relevant account appears.

Following the above policy of recording the entries in the ledger will in fact estimate to this The account receiving the benefit in shape of cash or goods will receive the debits and the account imparting i.e. Giving away the benefit will receive the credits.

Accounting Ledger and How to Write Ledger【東方紅魔郷】 SOUND HOLIC -⎾Prière -プリエール-⏌ 【Nana Takahashi】 Video Clips. Duration : 6.28 Mins.

[Title] - Prière -プリエール- [Artist, Lyrics & Vocals] - Nana Takahashi [Circle] - SOUND HOLIC [Website] - www.sound-holic.com [Album] - 紅 -KURENAI- [Catalog] - SDHC-0013 [Track] - 12 [Release] - Comiket 75 [Original] ツェペシュの幼き末裔 (The Young Descendant of Tepes) Stage 6 theme from 東方紅魔郷 ～ the Embodiment of Scarlet Devil (TH6) 亡き王女の為のセプテット (Septette for the Dead Princess) Remilia Scarlet's theme from 東方紅魔郷 ～ the Embodiment of Scarlet Devil (TH6) Artist of first Comic: ぐすたふ@崇敬祭キ01 www.pixiv.net Artist of second comic: 葉月 累www.pixiv.net Artist of the last image: nejime *pixiv account seems to no longer exist, or I'm bad a searching. Well, it's been a 2 weeks (which I suppose is a while, I apologize) since my last upload and Azure, Nazglim, and XDTOXD seemed to want me to upload something, so here you guys go. I should first note that the reason I didn't upload anything for a bit wasn't because I was busy, it was because I'm still sifting through my Reitaisai stuff still. I had this particular video ready for a while. Actually, I had this video planned before I even started uploading. The thing was that I wasn't sure what occasion I was going to upload it for. I thought of one, but the thing is that it was a long time away (at least, I hope it is). Since I didn't have anything particularly planned to upload for you guys, I decided to upload this now. I'm disappointed at how horrible I did with the editing and effects and such. I'm ...

Tags: 東方Touhou, Shujiki